The Mechanism of Carbon Regulation of Emissions in Industrial Energy

¹ Kadyrov Chechen State University, Sheripova Street, 32, 364024, Grozny, Russia
² Gubkin Russian State University of oil and gas (National Research University), Leninsky Ave., 65, 119991, Moscow, Russia

^* Corresponding author: heda_musaeva_997@mail.ru

Abstract

The introduction of cross-border taxes on hydrocarbon-intensive goods in the EU is expected in 2023, and the draft proposals are expected in the second quarter of 2021. The conditions for collecting such a tax from the EU will affect the interests of the EU itself for the next two decades remaining under the Green Deal until zero emissions. Apparently, the mechanism of tax collection will soon become clear, where and for what the collected funds will be directed. The issue of the impact of new taxes on Russian exports shifts the internal debate over the nature of such regulation to several urgent issues. This is the need for a more accurate, reliable and documented accounting of emissions in the country. And this is the choice of the option of adapting the country’s tax system to minimize the losses of companies, which began to be actively discussed, since the time factor begins to operate. An important aspect of the problem is the need for the simultaneous and rapid introduction of measures in the field of regulation, taxes, statistics in a complex, depending on the chosen response option. The new measures will not only affect the country’s climate programs, taxation and foreign trade, but will also have implications for economic strategy and even regional development.